UPDATE: Chiesi Pleads Guilty, Won’t Cooperate Against Rajaratnam

Jan 19 2011 | 9:09pm ET

A key figure in the Galleon Group insider-trading case has pleaded guilty, netting prosecutors their 15th guilty plea in the massive investigation.

Danielle Chiesi, until last month the co-defendant of Galleon founder Raj Rajaratnam, said she was “deeply ashamed” of passing on confidential tips and trading on them at hedge fund New Castle Partners.


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Publisher's Note

    Hedge Funds Care Gala Raises $2 Million For Charity

    Mar 10 2014 | 11:33am ET

    A huge thank you to all of the people who helped make last Thursday’s HFC NY Open Your Heart to the Children Benefit such a success. The charity gala raised nearly $2 million to prevent and treat child abuse in New York, New Jersey and Connecticut. Read more…